Blark Soreadshect x5x Tible 2 PV of a Single Parment paf Table 4 PV of an Ordnary Annuly ind A machine is purchased by making a down payment of of $16,000 now and four moxe payments of $16,000 each made at the end of cach of the next four years. The interest tale is 10% per year What is the cost of the machine today? A $107,450 a. 597,682 c. 866,718 D, $60,654 There 2 Present Value of $1 bu=$1 Thaus 4 Present Value of an Ordinary Annuity of 51